GBPJPY Market Outlook | Daily Forex Market Breakdown
GBPJPY
Looking very interesting, I would have liked to see GBPJPY come a bit lower and reject off the 61.8 fib we got close but we technically didn’t reach it. Similar to the gold long last week that I was looking at we seemed to have rejected right before it. I am keeping a close eye on GBPJPY for possible longs soon I believe we could push up to around 134. As I just said I would have liked for us to come a little lower and give us a clean rejection off the 61.8 fib but that might not happen and we need to be adaptable.
Looking very interesting, I would have liked to see GBPJPY come a bit lower and reject off the 61.8 fib we got close but we technically didn’t reach it. Similar to the gold long last week that I was looking at we seemed to have rejected right before it. I am keeping a close eye on GBPJPY for possible longs soon I believe we could push up to around 134. As I just said I would have liked for us to come a little lower and give us a clean rejection off the 61.8 fib but that might not happen and we need to be adaptable.
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